Placing a bet with best odds guaranteed means you take the price available when you make the bet, but if the SP is bigger than the odds you take, you get paid out at the bigger price. Whereas placing a bet at SP means you risk getting shorter odds than you may have if you had taken the price.
What does win SP mean? SP Win stands for Starting Price Win.
This bet will pay the fixed odds price of the horse when it starts the race, e.g. 0.8 or 8/10. … It should not be misconstrued with the ‘opening price’ of a horse which is the first price a particular horse is given in a particular race when the betting opens.
Then, What is Open win in horse racing? The Open Win, also known as the Tote Win, is when you bet on a horse to win a race. You do not get a fixed price of the horse, but instead you get a dividend that is declared at the end of the race.
What is fixed win in horse racing? In a fixed win bet, you are betting on your horse to win the race. If the horse finishes in any position other than first, then this will be a losing bet. If your selected horse is scratched, your single bet will be void and you will receive your money (stake) back.
Table of Contents
What does SP mean bet365?
Starting Price or SP betting is when you back a horse or dog and do not take a price ie: you do not take the fixed betting odds. Instead you leave your bet to be settled at the official Starting Price or SP.
Secondly What does SP mean in Hollywoodbets? When you bet on horse racing, the SP is very important SP stands for Starting Price and it is often the one at which you are paid out at if your bet has a return. The SP is calculated by taking an average of the different odds that are available.
What does place Md mean? Midi Div (MD)
Midi Div means you will get the middle return out of the Three TABs for all Win, Place and Each Way wagers on Harness, Greyhound, Australian Country and International thoroughbred meetings.
What does SP mean William Hill? Starting Price or SP betting is when you back a horse or dog and do not take a price ie: you do not take the fixed betting odds. Instead you leave your bet to be settled at the official Starting Price or SP.
What happens if you bet a horse to place and it wins?
When you choose a place bet, your selected horse needs to finish in the top two positions. If your selected horse finishes third with a place bet, you will lose your stake. When you choose a show bet, your selected horse needs to finish in the top three positions for you to receive a payout.
Does a place bet pay if the horse wins? A Place bet is a bet type that requires you to select a horse to finish in the placings (1st, 2nd or 3rd). Your runner can finish either 1st, 2nd or 3rd for a winning resulted bet. … Place bets will have a smaller payout than a Win Bet, as there is a higher chance of a winning outcome for the punter.
What bet pays the most in horse racing?
Generally speaking, exotic bets pay the best odds, so, therefore, you’ll have more chance of snaring bigger wins. Keep in mind that the very reason they pay better odds is that they are harder to pick. Some examples of exotic bets in Australian thoroughbred horse racing are: Quinella.
What does M mean in horse racing odds? Gambling. March 29th, 2014 by David Hill. Of all the modern-day anachronisms one can find at the race track, the morning-line odds deserve a place near the top of the list. The morning-line odds are the odds printed in the program or in the newspaper alongside the entries in the race.
How do you win on Hollywoodbets?
Choose 4 numbers between 1– 49. If all four of your chosen numbers are drawn out of the 7 lotto balls, you are a winner! You WIN 3000 x the amount you played. E.g. Playing R10 will win you R30 000 PLUS the R10 you played.
What does P stand for in horse racing?
Form (horse racing)
| 1-9 | The position the horse finished in a race |
|---|---|
| P | Pulled up (reined in as horse may be too tired/injured, or horse may just stop running) |
| F | Fell |
| S | Slipped Up |
| R | Refusal |
What is a boxed Trifecta? A Boxed Trifecta is an alternate Trifecta type which allows the horses picked to place 1st, 2nd or 3rd in any order for your bet to count as a win. This means if you have the same three numbers, they can finish in any order for you to win the bet.
What is best tote or SP? Place component of each way bets is paid at Mid Tote only. This bet type will be available on selected meetings. Best Tote + SP is the highest odds paid of the three main Australian totes OR the final fixed price offered by us.
What is a tote in horse racing?
What is the Tote? The Tote is different from traditional bookmakers, in that it is betting from a cumulative pool of prize money rather than on fixed odds return. This means you place your bet and your stake goes into a ‘pool’ of money.
What is quinella? a type of bet, especially on horse races, in which the bettor, in order to win, must select the first- and second-place finishers without specifying their order of finishing. a race in which such bets are made.
What does 3 places mean in horse racing?
Place terms are used to determine the pay-out of your bet. If you place a bet which is EW (1/5, 3 places) and your horse finishes in the top 3, you’ll win your bet. … If your horse finished 2nd or 3rd you’ll only receive the pay-out on the place section, the win part of your bet will be a loser.
Do I win if my horse came 4th? If your horse comes home first (wins), both the ‘Win’ and ‘Place’ parts of your bet will pay out. But if your horse only places, you will lose the ‘Win’ part of your bet. You will still collect on the ‘Place’ part of your bet if your horse finishes 2nd, 3rd, 4th and 5th or 6th*.
What is a WPS bet?
A Win Place and Show bets are the simplest forms of horse racing wagering also known as Straight Bets or Traditional Bets. This type of wager is where most people who have never wagered on horse racing would start. … The horse must finish in first in order for you to win.
How many horses do you need to pay for 3 places? Where there are 8 or more runners in a race, a place is paid on first, second and third places. Where there are 7, 6 or 5 runners in a race, a place is paid on first and second places only.
What does a $2 Trifecta box cost?
Trifecta Box
| Number of Horses | 3 | 6 |
|---|---|---|
| Combinations | 6 | 120 |
| Cost of $2 Bet | $12 | $240 |
Do you get your money back if a horse is scratched? When you bet on a horse and it ends up being scratched, you will receive your money back in cash on all bookmakers and at the tote. If you are betting on an all in futures market, most online bookmakers will not give you your money back as they are not the final fields, meaning you are getting overinflated odds.
